Welcome to the Florida State University Actuarial Science Club's Web page!
Future Seminole Actuaries' (FSA), mission is to put the actuarial science majors at Florida State University in a great position to succeed in the current job market. This mission is accomplished by educating our students on networking and interview skills, as well as pushing each and every student to create their own personal brand and aiding them in developing an executive presence. Additionally, our goal is to continue Florida State's student's great tradition of success with actuarial exams.
The Actuarial Science Program at the Florida State University is an interdisciplinary undergraduate major that resides in the Department of Mathematics. It is classified as Advanced Undergraduate and Graduate Education by the Society of Actuaries (SOA) / Casualty Actuarial Society (CAS) Listing of Academic Actuarial Science Programs. The complete listing of all schools can be accessed from the Academic Relations page of the Society of Actuaries web site (www.soa.org) or the Casualty Actuarial Society site (www.casact.org). It can also be found at the Be An Actuary web site (www.beanactuary.com). The current process to become an actuary in the SOA or CAS, or a Chartered Enterprise Risk Analyst (CERA) in the SOA, involves passing a sequence of preliminary exams and obtaining validation by educational experience (VEE) in the areas of applied statistics, economics, and finance from an approved university such as FSU. The preliminary exams in the SOA are called Exam P (Probability), Exam FM (Financial Mathematics), Exam M (Actuarial Models; which is split into two parts, Life Contingencies (Exam MLC) and Financial Economics (Exam MFE)), and Exam C (Construction of Models). The preliminary exams in the CAS are called Exam 1, Exam 2, Exam 3, and Exam 4. However, the following exams are jointly administered by the SOA and CAS: Exam P with Exam 1 (hence referred to as Exam P/1), Exam FM with Exam 2 (Exam FM/2), and Exam C with Exam 4 (Exam C/4). The SOA chose not to name their exams numerically, since doing so would possibly imply that the exams must be taken in a particular order. The required course content of FSU's program in actuarial science covers material for the preliminary exams as well as all three VEE areas. There are diverse entry-level opportunities for graduates, including many in Florida. Recent FSU graduates have readily found attractive employment; company interviews held in the department facilitate matching students with employer needs.